RBC Capital Markets has downgraded Shell PLC to 'Sector Perform' from 'Outperform', citing mounting concerns over the energy ...
Shell's robust in-house trading operation has delivered a flawless record over the past decade, with not a single quarter reporting a loss, according to CEO Wael Sawan. The London-based energy giant, ...
Analysts expect Shell to report adjusted earnings of $1.23 per share on revenue of $62.87 billion for the quarter ended ...
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Shell flags weak oil-trading performance
Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...
Shell (NYSE:SHEL) -3.5% to its lowest in nearly a month after saying it expects Q2 earnings will be dragged down by "significantly lower" trading in its core integrated gas trading division compared ...
Shell's earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors' results over the third quarter.
LONDON, Feb 23 (Reuters) - Nearly a third of Shell's SHEL.L profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ...
A former employee’s lawsuit against oil giant Shell PLC (NYSE:SHEL) has reportedly peeled back the curtain on the financial intricacies of its expansive oil and gas trading enterprise. The lawsuit ...
LONDON (Reuters) - Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and ...
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